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Apr 18, 2013
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weekend fix the budget that reduces the deficit by $1.2 trillion over 10 years and that would take a grand bargain including spending cuts and additional revenues. would turn off the automatic spending cuts and sequestration for those 10 years. i remain hopeful we can develop such a bipartisan plan but absent a so-called grand bargain, surely we could devise a balanced deficit reduction package for one year that avoid sequestration in fy2014. we simply cannot continue to ignore the effects of sequestration. sequestration will have a major impact on military personnel. the pay of military personnel has been exempt it will ask them -- for troops including schools, military children, family support programs and transition assistance programs and mental health and other counseling programs. the president's budget request continues the measure drawdown of active duty and present and strength. we have in recent years given the department numerous force shaping authorities to allow us to reduce the debt strength in a responsible way, ensuring that the service maintains the proper enforcemen
weekend fix the budget that reduces the deficit by $1.2 trillion over 10 years and that would take a grand bargain including spending cuts and additional revenues. would turn off the automatic spending cuts and sequestration for those 10 years. i remain hopeful we can develop such a bipartisan plan but absent a so-called grand bargain, surely we could devise a balanced deficit reduction package for one year that avoid sequestration in fy2014. we simply cannot continue to ignore the effects of...
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Apr 19, 2013
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look, economics are fiscal situation, the deficit, the budget, are all threats to the security. there's a lot of physical seen and unseen threats out there that perhaps are different even from when admiral mullen made that comment. i align myself with the economic piece of it. there are just groups out there that threaten us. ? 0. >> thank you. it is important for us, i think to remember the president's budget despite proposing significant tax increases would still contemplate adding $12.db $2.5 trillion head by the total public. .. >> future years covered by the budget control act. will we continue to see budget that is ignore provisions, ignore the sequester provisions? can you expect budgets like that to be sent to congress that don't reflect the law? secretary hagel? >> the fy15 budget we'll present
look, economics are fiscal situation, the deficit, the budget, are all threats to the security. there's a lot of physical seen and unseen threats out there that perhaps are different even from when admiral mullen made that comment. i align myself with the economic piece of it. there are just groups out there that threaten us. ? 0. >> thank you. it is important for us, i think to remember the president's budget despite proposing significant tax increases would still contemplate adding...
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Apr 18, 2013
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you raise the age gradually 27862 thirds of the social security deficit. fix the remaining by testing the benefits. the president has occasionally sad he's for entitlement reform, but is not shown much leadership on this premise seems to benchmark per se, but any with him at least a 47 republican senators, we sat around a table that he and the vice president a year and half ago and i told them i think we should give people on both sides to essentially fix social security. .. into the federal employee benefits plan, federal health insurance plans so i said this is a democrat idea, this will be easy. i be easy. i will just go to john kerry and say let's use your idea and a friedel country but for senior citizens and let everybody of the federal employee health plan. i think the public would like it if they are still getting the same health plan is their congressman is and should be eminently sellable. similar to what paul ryan talks about give everybody the federal health employment plan. it saves 1 trillion over 10 years and actually according to our projec
you raise the age gradually 27862 thirds of the social security deficit. fix the remaining by testing the benefits. the president has occasionally sad he's for entitlement reform, but is not shown much leadership on this premise seems to benchmark per se, but any with him at least a 47 republican senators, we sat around a table that he and the vice president a year and half ago and i told them i think we should give people on both sides to essentially fix social security. .. into the federal...
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Apr 18, 2013
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raise it to 70, and you fix two-thirds of the social security deficit. you can fix the remaining third by means testing the benefits. i thought that there'd be bipartisan support for that because the president has occasionally said he's for entitlement reform, but he, i think, has not shown much leadership on this. seems to be inching more towards it, but i had a meeting with him back when we used to have 47 republican senators, we sat down around a table like this with he and the vice president. this was probably a year and a half ago. and i told him precisely that, that i think we should be able to get people on pote sides of the equation -- on both sides of the equation just to, essentially, fix social security. medicare's a more difficult problem. it's $35-40 billion short, and these are problems that drive your deficit. everybody here knows this. two-thirds of the budget is entitlements. to we have another -- so we have another bill that fixes medicare. it's $35-40 trillion on the whole we do the same thing. we age the -- raise the age grawjally, we
raise it to 70, and you fix two-thirds of the social security deficit. you can fix the remaining third by means testing the benefits. i thought that there'd be bipartisan support for that because the president has occasionally said he's for entitlement reform, but he, i think, has not shown much leadership on this. seems to be inching more towards it, but i had a meeting with him back when we used to have 47 republican senators, we sat down around a table like this with he and the vice...
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Apr 19, 2013
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we can develop such a bipartisan plan perhaps in a so-called grand bargain we could devise a balance deficit reduction package for one year that avoids sequestration in fy 2014. we simply cannot continue to ignore the effect of sequestration. sequestration will have a major impact on military personnel. though the pay of military personnel has been exempted, the sequester would reduce military readiness in the services for the troops including schools for military children, family support programs and transition assistance programs and mental health and other counseling programs. the president's budget request continues a major drawdown of active duty and reserve strength. we have in recent years given the department numinous force shaping authorities to allow it to reduce its strength in a responsible way ensuring that the services maintain the proper force mix and avoiding grade and occupational disparities, all of which have long term affect. if sequestration continues, the result would be ore pripitous foe structe that is ou of t the requirements of our defense strategy. sequestration ha
we can develop such a bipartisan plan perhaps in a so-called grand bargain we could devise a balance deficit reduction package for one year that avoids sequestration in fy 2014. we simply cannot continue to ignore the effect of sequestration. sequestration will have a major impact on military personnel. though the pay of military personnel has been exempted, the sequester would reduce military readiness in the services for the troops including schools for military children, family support...
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Apr 16, 2013
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doesn't help us with our trade deficit with china. doesn't help us export more grain to russia. $168 billion we ask american taxpayers to dig into their pocket and pay for the pleasure of paying nair income taxes. more -- their income taxes. more and more americans, mr. speaker, find they can't do their own taxes, that they have to go to a professional tax preparer. i don't mind paying my taxes. i think i'm getting my money's worth. america is a great country. but to help somebody help me pay the taxes makes me angry and it's wrong. it's wrong. you know, i look at what's happened in those former soviet block countries, mr. speaker. you know, those former soviet block countries have all moved to flat taxes? what they found is when they have high tax rates and very difficult to comply with, folks just didn't pay their taxes at all. but when they lowered that rate, made it flat, applied it across a broad base, folks began to voluntarily emit -- remit their taxes. it's not rocket science. it's what we've seen in example after example afte
doesn't help us with our trade deficit with china. doesn't help us export more grain to russia. $168 billion we ask american taxpayers to dig into their pocket and pay for the pleasure of paying nair income taxes. more -- their income taxes. more and more americans, mr. speaker, find they can't do their own taxes, that they have to go to a professional tax preparer. i don't mind paying my taxes. i think i'm getting my money's worth. america is a great country. but to help somebody help me pay...
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Apr 16, 2013
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these cuts are part of a balanced budget of deficit reduction. these cuts are backloaded, occurring mainly in the years beyond f.y. 2018, which gives the department time to plan and implement the reductions wisely and responsibly, anchored by the president's defense strategic guidance. let me turn to the details of the president's budget request. $526.6 billion budget request addresses the compelling demands of supporting troops in afghanistan, protecting readiness, modernizing the military's weapons inventory and in keeping with the president's strategic guidance and sustaining the quality of the all-volunteer force. today's budget request contains a placeholder request, mr. chairman, for overseas contingency at the f.y. 2013 vel, and the submission does not include a formal request because afghanistan force levels and deployment decisions for this year were delayed in order to provide commanders enough time to fully assess requirements. we will be smithing a budget with the -- submitting a budget and account level detail. the base budget contin
these cuts are part of a balanced budget of deficit reduction. these cuts are backloaded, occurring mainly in the years beyond f.y. 2018, which gives the department time to plan and implement the reductions wisely and responsibly, anchored by the president's defense strategic guidance. let me turn to the details of the president's budget request. $526.6 billion budget request addresses the compelling demands of supporting troops in afghanistan, protecting readiness, modernizing the military's...
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Apr 22, 2013
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these cuts are part of a balanced package of deficit reduction. unlike sequester, these cuts are largely back-loaded -- occurring mainly in the years beyond fy 2018 -- which gives the department time to plan and implement the reductions wisely, and responsibly, anchored by the president's defense strategic guidance. the president's fy 2014 request continues to balance the compelling demands of supporting troops still very much at war in afghanistan, protecting readiness, modernizing the military's aging weapons inventory in keeping with the president's strategic guidance, and sustaining the quality of the all-volunteer force. the top-line budget request of $526.6 billion for fy 2014 is essentially flat compared to the president's request for fy 2013, and roughly in line with what both the house and senate have passed in their fy 2014 budget resolutions. today's budget request also contains a placeholder request for overseas contingency operations (oco) at the fy 2013 level ($88.5 billion). the submission does not include a formal oco request becau
these cuts are part of a balanced package of deficit reduction. unlike sequester, these cuts are largely back-loaded -- occurring mainly in the years beyond fy 2018 -- which gives the department time to plan and implement the reductions wisely, and responsibly, anchored by the president's defense strategic guidance. the president's fy 2014 request continues to balance the compelling demands of supporting troops still very much at war in afghanistan, protecting readiness, modernizing the...